The Dodge Momentum Index posted an 8.6% gain in April, climbing to 162.4 (2000=100) from the revised reading of 149.5 in March. The Index hit a 12-year high led by institutional planning.
Read MoreAuthor: Rock Products News
DSC Dredge Introduces Improved Moray Class
For more than 20 years, DSC Dredge’s Moray Class dredge design has remained the same with only minor enhancements made within the last decade. Uniquely offering a swinging ladder configuration along with an efficient submerged dredge pump, the Moray was designed by DSC engineers to be both highly productive and transportable.
Read MoreBurgex Produces Southeastern Aggregate Production Map
As part of its ongoing efforts to improve its mineral market analysis, mining consulting and exploration services, the Geographic Information System (GIS) team at Burgex Mining Consultants has developed a comprehensive interactive geospatial model of construction aggregate supply and demand in the southeastern United States.
Read MoreU.S. Concrete Aggregates Product Revenue an All-Time High
U.S. Concrete Inc. announced results for the quarter ended March 31, noting consolidated revenue was $285.7 million, a decrease of $48.7 million, or 14.6%, compared to the prior year first quarter, primarily as a result of lower ready-mixed concrete volumes. Aggressive cost-containment measures, operating efficiencies and growth from the aggregate products segment helped to mitigate the impact on operating income from lower revenue.
Read MoreSimonson Says Price Increases Continue
Associated General Contractors (AGC) chief economist Ken Simonson – in his latest Data Digest Report – noted that solely due to soaring residential activity, construction spending in March increased 0.2% from a downwardly revised February rate and 5.3% from March 2020 to a seasonally adjusted annual rate of $1.51 trillion, the Census Bureau reported. Because unusually mild or harsh weather…
Read MoreMDU Resources Doubles First Quarter Earnings
MDU Resources Group Inc. reported first quarter earnings of $52.1 million, or 26 cents per share, compared to first quarter 2020 earnings of $25.1 million, or 13 cents per share.
Read MoreHeidelbergCement Reports North American Aggregates Gains
HeidelbergCement noted significant margin increases in the first quarter of 2021, according to the company. Group revenue rose by 1%. Significant margin increases were evident in all regions, particularly in North America, Europe and Africa-Eastern Mediterranean Basin
Read MoreVolvo CE Expands Parts Distribution Network in Western U.S.
Volvo Construction Equipment (Volvo CE) has completed a 75,000-sq.-ft. expansion of its Reno, Nev., regional parts distribution center. The project, in conjunction with Volvo Group Service Market Logistics, increases floor space by 125% and brings parts closer to construction equipment customers with faster delivery times and reduced shipping costs.
Read MoreEpiroc, Fordia Form Exploration Competency Center
To improve customer experience for the U.S. exploration market, Epiroc and Fordia Powered by Epiroc, a manufacturer of exploration drilling tools for mineral exploration, opened an Exploration Competency Center based in Elko, Nev., and operated by Fordia. The Exploration Competency Center opened May 3.
Read MoreAggregates Industry Market Report
In This Quarterly Report, Provided Exclusively to Rock Products, Capstone Partners Offers Insight Into Merger and Acquisitions (M&A), Capital Markets Trends, Aggregate Production and Pricing. By Darin Good, Brian Krehbiel and Crista Gilmore
Read More